Ares Capital Stock Forecast, Price & News

$19.93
+0.03 (+0.15 %)
(As of 07/23/2021 12:28 PM ET)
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Today's Range
$19.91
$20.07
50-Day Range
$18.91
$20.08
52-Week Range
$13.15
$20.12
Volume25,274 shs
Average Volume1.72 million shs
Market Capitalization$8.79 billion
P/E Ratio5.78
Dividend Yield7.98%
Beta1.19
30 days | 90 days | 365 days | Advanced Chart
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Ares Capital logo

About Ares Capital

Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Headlines

ARCC Aug 2021 16.000 put
ARCC Aug 2021 16.000 put
July 22, 2021 |  ca.finance.yahoo.com
Ares Capital (NASDAQ:ARCC) Hits New 12-Month High at $20.11
Ares Capital (NASDAQ:ARCC) Hits New 12-Month High at $20.11
July 15, 2021 |  americanbankingnews.com
ARCC Jul 2021 18.000 call
ARCC Jul 2021 18.000 call
June 27, 2021 |  in.finance.yahoo.com
ARCC Jul 2021 19.000 call
ARCC Jul 2021 19.000 call
June 23, 2021 |  sg.finance.yahoo.com
Analyzing Ares Capitals Ex-Dividend Date
Analyzing Ares Capital's Ex-Dividend Date
June 11, 2021 |  benzinga.com
Ares Capital Reaches Analyst Target Price
Ares Capital Reaches Analyst Target Price
May 25, 2021 |  nasdaq.com
Ares Capital: 8% Yield, Rising Price Targets
Ares Capital: 8% Yield, Rising Price Targets
May 23, 2021 |  seekingalpha.com
See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Social Links


MarketRank

Overall MarketRank

1.46 out of 5 stars

Finance Sector

754th out of 2,034 stocks

Investors, Not Elsewhere Classified Industry

10th out of 42 stocks

Analyst Opinion: 1.4Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
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Ares Capital (NASDAQ:ARCC) Frequently Asked Questions

Is Ares Capital a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ares Capital in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Ares Capital stock.
View analyst ratings for Ares Capital
or view top-rated stocks.

What stocks does MarketBeat like better than Ares Capital?

Wall Street analysts have given Ares Capital a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Ares Capital wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Ares Capital's next earnings date?

Ares Capital is scheduled to release its next quarterly earnings announcement on Wednesday, July 28th 2021.
View our earnings forecast for Ares Capital
.

How can I listen to Ares Capital's earnings call?

Ares Capital will be holding an earnings conference call on Wednesday, July 28th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10156455".

How were Ares Capital's earnings last quarter?

Ares Capital Co. (NASDAQ:ARCC) announced its earnings results on Tuesday, April, 27th. The investment management company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.42 by $0.01. The investment management company earned $390 million during the quarter, compared to analyst estimates of $385.85 million. Ares Capital had a trailing twelve-month return on equity of 10.46% and a net margin of 95.89%. The company's revenue was up 5.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.41 EPS.
View Ares Capital's earnings history
.

How has Ares Capital's stock been impacted by COVID-19?

Ares Capital's stock was trading at $15.90 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ARCC shares have increased by 25.3% and is now trading at $19.93.
View which stocks have been most impacted by COVID-19
.

How often does Ares Capital pay dividends? What is the dividend yield for Ares Capital?

Ares Capital announced a quarterly dividend on Wednesday, April 28th. Shareholders of record on Tuesday, June 15th will be given a dividend of $0.40 per share on Wednesday, June 30th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 8.03%. The ex-dividend date is Monday, June 14th.
View Ares Capital's dividend history
.

Is Ares Capital a good dividend stock?

Ares Capital pays an annual dividend of $1.60 per share and currently has a dividend yield of 7.98%. ARCC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Ares Capital does not yet have a strong track record of dividend growth. The dividend payout ratio of Ares Capital is 91.95%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ares Capital will have a dividend payout ratio of 89.89% in the coming year. This indicates that Ares Capital may not be able to sustain their current dividend.
View Ares Capital's dividend history.

What price target have analysts set for ARCC?

7 equities research analysts have issued 12 month target prices for Ares Capital's stock. Their forecasts range from $16.00 to $21.00. On average, they expect Ares Capital's share price to reach $18.83 in the next year. This suggests that the stock has a possible downside of 5.5%.
View analysts' price targets for Ares Capital
or view top-rated stocks among Wall Street analysts.

Who are Ares Capital's key executives?

Ares Capital's management team includes the following people:
  • Mr. Michael J. Arougheti, Co-Chairman & Exec. VP (Age 49)
  • Mr. Bennett Rosenthal, Co-Founder & Co-Chairman (Age 58)
  • Mr. Robert Kipp DeVeer III, CEO & Director (Age 48)
  • Mr. Mitchell S. Goldstein CPA, CPA, Co-Pres (Age 54)
  • Mr. Michael Lewis Smith, Co-Pres (Age 50)
  • Ms. Penelope F. Roll, Chief Financial Officer (Age 55)
  • Mr. Scott C. Lem, Chief Accounting Officer, VP & Treasurer (Age 43)
  • Mr. John W. Stilmar, Managing Director of IR
  • Mr. Joshua M. Bloomstein J.D., VP, Gen. Counsel & Sec. (Age 47)
  • Ms. Lisa A. Morgan, Chief Compliance Officer (Age 45)

Who are some of Ares Capital's key competitors?

What other stocks do shareholders of Ares Capital own?

What is Ares Capital's stock symbol?

Ares Capital trades on the NASDAQ under the ticker symbol "ARCC."

Who are Ares Capital's major shareholders?

Ares Capital's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Confluence Investment Management LLC (0.97%), Sound Income Strategies LLC (0.38%), Cottage Street Advisors LLC (0.03%), Stratos Wealth Partners LTD. (0.03%), Financial Management Network Inc. (0.02%) and Tectonic Advisors LLC (0.01%). Company insiders that own Ares Capital stock include Daniel G Kelly, Jr, Joshua M Bloomstein, Michael J Arougheti, Michael K Parks, Michael Lewis Smith, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Steve Bartlett and Steven B Mckeever.
View institutional ownership trends for Ares Capital
.

Which major investors are selling Ares Capital stock?

ARCC stock was sold by a variety of institutional investors in the last quarter, including Sound Income Strategies LLC.
View insider buying and selling activity for Ares Capital
or view top insider-selling stocks.

Which major investors are buying Ares Capital stock?

ARCC stock was acquired by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Tectonic Advisors LLC, Perkins Coie Trust Co, Stratos Wealth Partners LTD., Raymond James Trust N.A., Cottage Street Advisors LLC, and Financial Management Network Inc.. Company insiders that have bought Ares Capital stock in the last two years include Daniel G Kelly, Jr, Joshua M Bloomstein, Michael J Arougheti, Michael K Parks, Michael Lewis Smith, Penelope F Roll, R Kipp Deveer, Robert L Rosen, Steve Bartlett, and Steven B Mckeever.
View insider buying and selling activity for Ares Capital
or or view top insider-buying stocks.

How do I buy shares of Ares Capital?

Shares of ARCC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ares Capital's stock price today?

One share of ARCC stock can currently be purchased for approximately $19.93.

How much money does Ares Capital make?

Ares Capital has a market capitalization of $8.79 billion and generates $1.51 billion in revenue each year. The investment management company earns $484 million in net income (profit) each year or $1.74 on an earnings per share basis.

When was Ares Capital founded?

Ares Capital was founded in 2004.

What is Ares Capital's official website?

The official website for Ares Capital is www.arescapitalcorp.com.

Where are Ares Capital's headquarters?

Ares Capital is headquartered at 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167.

How can I contact Ares Capital?

Ares Capital's mailing address is 245 PARK AVENUE 44TH FLOOR, NEW YORK NY, 10167. The investment management company can be reached via phone at 212-750-7300 or via email at [email protected]


This page was last updated on 7/23/2021 by MarketBeat.com Staff
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